I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
The outrage over the bonuses given to the insurance company AIG has forced members of Congress to take action. U.S. Rep. Martin Heinrich, D-Albuquerque, signed on to a bill, HR 1527, that is designed to recoup the money.
“It is beyond outrageous that the very people who brought AIG to its knees and helped create the current economic crisis are scheduled to receive hundreds of millions of dollars in bonuses while tax dollars keep their company afloat,” Heinrich said in a statement.
The bill, which would only apply to companies that the government owns at least 79 percent of, would increase taxes on bonuses. The taxes on the bonuses would be 60 percent.
“While my constituents are making sacrifices and working as hard as ever to get past this financial crisis, I have absolutely no sympathy for corporate executives already making exorbitant salaries,” Heinrich said. “This bill will make right what AIG refuses to do – enough is enough.”
The lead sponsor of the bill is U.S. Rep. Gary Peters, a freshman Republican from Michigan.
